manufacturing, U.S., Factory

U.S. Manufacturing Closes 2020 on a High Note

U.S. manufacturing activity in December surged to its highest level in more than two years despite supply chain disruptions and Covid-19-related employment constraints. The Institute for Supply Management’s purchasing index, the PMI, reached 60.7 last month, an increase of 3.2 percent from its November reading. Any reading above 50 indicates manufacturing expansion. The tech industry…

Selecting The Right Procurement Software

The global market for digital procurement software is growing extraordinarily fast—nearly twice as fast as the overall software market according to one Forrester report. This news is certainly remarkable, but it is far from surprising. Digital solutions leveraging big data analytics and AI-powered automations have enabled teams to streamline workflows, increase savings, lower costs, improve…